Aarti Pharmalabs Limited (AARTIPHARM) fair value: what the stock is really worth
As of Nov 9, 2026: fair value (intrinsic value) of Aarti Pharmalabs Limited stock ₹195, price ₹921, that is 78.9% below the price, quality 45 out of 100. Rating: strongly overvalued. Calculated from audited financials with 14 of our 26 valuation models and 37 quality factors, updated daily.
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Aarti Pharmalabs Limited
AARTIPHARM · NSEOur calculation puts a fair price 79% below what the stock costs today.
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Price vs Fair Value
White line = price, green steps = our fair value per fiscal year. As of Nov 6, 2026.
How to read this chart
45‑month range ₹243.79 – ₹975.00 · fair‑value band ₹181.30 – ₹213.63 · the ₹921.40 price screens above the ₹194.76 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). As of Nov 6, 2026.
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Company profile
Aarti Pharmalabs Limited, together with its subsidiaries, manufactures and sells active pharmaceutical ingredients, pharmaceutical intermediates, and xanthine derivatives in India and internationally.
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The company offers active pharmaceutical ingredients for various therapeutic areas, such as cardiovascular, anti-asthmatic, anti-cancer, anti-coagulant, anti-diabetic, arthritis, central nervous system agent, skincare, overactive bladder, calcimimetic, decongestant, anti-thalassaemic, analgesic, and ophthalmologic medications.
It also provides contract development and manufacturing services for drug substance projects.
In addition, the company offers intermediates; xanthine derivatives, including caffeine, theophylline anhydrous, aminophylline, etophylline, and theophylline; and acid and allied products, including sulphuric acid, sulphur trioxide, oil, dimethyl sulphate, diethyl sulphate, and sodium vinyl sulfonate.
The company was formerly known as Aarti Organics Limited. Aarti Pharmalabs Limited was incorporated in 2019 and is headquartered in Mumbai, India.
Stock analysis
Aarti Pharmalabs Limited (AARTIPHARM) currently trades at ₹921.40, while our model-based Fair Value estimate is ₹194.76, 79% below the price, so the stock looks overvalued today.
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Valuation
Bull case: the Multiples group reads highest at a median of ₹450.28 per share, and 1 of the 14 models we run sit above the ₹921.40 price.
Bear case: the Dividend Discount group reads lowest at ₹31.38, and 13 of the 14 models stay below the price. Data coverage for this calculation is medium.
Scenario range: ₹181.30 (bear) to ₹213.63 (bull), the price of ₹921.40 sits above it. Bear and bull are the same models on cautious and optimistic assumptions, a range, not a price target.
Quality & growth
The Quality Score stands at 45/100 (below-average quality), in the Healthcare sector.
Weak Growth: Revenue is shrinking: the last year, the last three and the last five years are all negative.
Aarti Pharmalabs Limited reported revenue of ₹18.2B in FY2026 versus ₹11.9B in FY2022, a compound +11.1%/yr. Reported net income was ₹1.7B in FY2026.
Key figures
Market cap ₹83.6B (≈ $890M) Small · P/E ratio 39.2 · P/S ratio 4.25 · EPS (TTM) ₹23.50 · Dividend yield 0.4% · Net margin 10.4% · Return on equity 8.5% · Return on assets (EBIT) 9.0% (5-year average).
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 47 out of 100 (low confidence).
What moves the price
The share trades about 5% below its 52-week high and 56% above its 52-week low, currently above its 200-day average.
For context, the median of 10 Healthcare peers we cover trades at −27% fair-value upside, at −79%, AARTIPHARM screens richer than that median.
Fair Value models
All 14 models by family
Quality Score breakdown
It rates the business: profits, how they develop, real cash, balance sheet, investing and share count.
Revenue & earnings trend
AARTIPHARM screens overvalued: fair value 79% below the price. Compare with Merck KGaA →
Compare Aarti Pharmalabs Limited with another stock
Price, fair value, quality and upside side by side.
Peer GroupⓘHow this stock ranks against its industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.Drug Manufacturers - Specialty & Generic · 605 stocks
Valuation Multiplesvs Drug Manufacturers - Specialty & Generic median · lower = cheaper
Strength profile in five axes (Snowflake)
VALUE 0: the price sits above our fair-value range.
Context: sector, industry, market
- Is the Health Care sector expensive or cheap?
- P/E, EV/EBITDA and margins by industry (reference tables)
- Return on equity by industry
- Quality Score by industry
- PEG screener for stocks with fair value
- Undervalued stocks: Indian Stocks
- Valuation of the India market
Values & ESG
Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.
Similar stocks
10 more Drug Manufacturers - Specialty & Generic stocks, each showing price versus our Fair Value estimate.
| Stock | Price | Fair Value | vs Fair Value | Compare |
|---|---|---|---|---|
| Zoetis Inc ZTS | $82.46 | $113.53 | +38% | vs AARTIPHARM |
| Jiangsu Hengrui Pharmaceuticals Co 600276 | ¥48.55 | ¥55.21 | +14% | vs AARTIPHARM |
| Sun Pharmaceutical Industries Limited SUNPHARMA | ₹1,905 | ₹1,983 | +4% | vs AARTIPHARM |
| Haleon plc HLN | $9.06 | $8.62 | −5% | vs AARTIPHARM |
| Merck KGaA MRK | €149.35 | €109.18 | −27% | vs AARTIPHARM |
| Galderma Group GALD | CHF 188.55 | CHF 109.80 | −42% | vs AARTIPHARM |
| Takeda Pharmaceutical Company TAK | $20.93 | $11.34 | −46% | vs AARTIPHARM |
| Teva Pharmaceutical Industries Limited TEVA | $42.40 | $20.74 | −51% | vs AARTIPHARM |
| Sandoz Group SDZ | CHF 83.38 | CHF 40.20 | −52% | vs AARTIPHARM |
| Divi's Laboratories Limited DIVISLAB | ₹11,566 | ₹1,567 | −86% | vs AARTIPHARM |
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Key figures of Aarti Pharmalabs Limited
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